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The HSBC Small Business Confidence Monitor reveals that 31 percent (+2% from 2Q10) of local businesses expect the country’s GDP to increase. As they continue to hold an optimistic point of view, Malaysian SMEs will continue to invest in capital expenditure and has plans to recruit as they expand.

HSBC’s Small Business Confidence Monitor revealed that the vast majority of small and medium-sized enterprises (SMEs) in Malaysia plan to increase (42%) their capital expenditure (CAPEX) in the next six months. SMEs across the globe showed increasing confidence with Malaysia demonstrating steady signs of recovery by maintaining their levels of confidence in the first half of 2010.